What a buyer sees
J M S CONTRACTORS LIMITED
Construction of other civil engineering projects n.e.c. · Stratton Strawless, Norwich · 03758294
60staff · FY2024
27years trading
58oldest owner on file
£2.7Mcash at bank
Your turnover is on public record
filed£7.1Mfor the year to 2024
Unusual at this size, and it works in your favour: a buyer is reading your number rather than guessing at one.
What your filings show moving
Staff60
202166 → 602024
Cash at bank£2.7M
2021£3.7M → £2.7M2024
How you sit in your trade
slowest tenth typical fastest tenth youSales per employee£119,115below almost all
£139,733£268,029£692,339
Debtor daysdays88above almost all
144773
Creditor daysdays29
183659
Stock daysdays9in the middle half
51038
Each spread is companies in the same trade and size that did publish a turnover. Creditor days are shown but not marked: neither end of that one is plainly good.
What a buyer would ask 4
- The newest accounts on file are 29 months oldAnyone looking at the company today is reading a year that has already ended. Whatever has improved since is invisible.
- Headcount fell from 69 to 60A buyer sees the fall and not the reason. Deliberate tightening and losing people look identical on a filing.
- Debtor days run high for your tradeYours is 88 against 47 for the middle of 76 comparable companies. That gap is working capital a buyer has to fund on day one, and it comes off the price.
- No website on file against the companyThe first thing anyone does with a company number is look for the business behind it. Finding nothing is its own answer.
What a buyer would like 2
- 27 years of trading on fileLongevity is the cheapest evidence there is that the business is not one contract.
- A board that has been together ten years or moreContinuity a buyer does not have to take on trust.
What the register says
Owners
- 58since 2017
- 57since 2017
Directors
- 58since 1999
- 57since 1999
| Year to | Turnover | Staff | Cash |
|---|---|---|---|
| 2024-03-31 | £7.1M | 60 | £2.7M |
| 2023-03-31 | £11M | 69 | £3.0M |
| 2022-03-31 | £11M | 74 | £2.3M |
| 2021-03-31 | £10M | 66 | £3.7M |
A rough bracket, and why it is only that
0.4–0.9× sales£2.9M£6.4M
The turnover range is fitted on UK companies that did file one. The multiple is a published sector average from Dutch mid-market deals, not from your own numbers and not from your own market. Treat this as the opening bracket of a conversation, not a valuation.